Knot Says ECB Will Need to Stick With a Hawkish Stance on Policy
7 Articles
7 Articles
Knot Says ECB Will Need to Stick With a Hawkish Stance on Policy
The European Central Bank will likely have to continue with a hawkish stance and be wary of inflation shocks, according to Klaas Knot, who is one of the frontrunners to succeed President Christine Lagarde.
Reformatorisch Dagblad
The European Central Bank (ECB) will likely have to continue following "a hawkish course" and be on guard against inflation shocks, Klaas Knot said, according to news agency Bloomberg. The Dutch candidate to succeed ECB President Christine Lagarde has previously often been regarded by economists as a so-called hawk, a clear proponent of interest rate hikes to curb inflation.
Former Dutch central bank governor Klaas Knot, who is the favorite to be the new ECB president, believes that Europe should pursue a hawkish monetary policy, Bloomberg News reports.
THE HAGUE (ANP) - The European Central Bank (ECB) will likely have to continue following "a hawkish course" and be on guard against inflation shocks. Klaas Knot said this, according to news agency Bloomberg. The Dutch candidate to succeed ECB President Christine Lagarde was previously by a...
Klaas Knot, who is one of the favourites in the race to replace Christine Lagarde in the presidency of the European Central Bank (ECB), argued that the institution should maintain a restrictive stance on monetary policy in a context marked by an upward inflation rate.
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